DBS offers similar rate as HDB for housing board flats

The Straits Times LogoThe Straits Times2 mo ago

DBS offers similar rate as HDB for housing board flats - The Straits Times

Quick Summary:

September 29, 2022 10:41 PM - The bank has launched two new home loan packages, one of which lets new and existing owners of HDB flats who earn less than $2,500 a month take out a mortgage from POSB.

The package is also available to home owners who have already taken up two or more mortgages from the HDB, which makes them ineligible for another HDB concessionary loan.

The POSB loan can go only as high as $300,000, so he will have to put in $20,000 in cash and $80,000 from his CPF for the down payment.

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Article Details

Category: Economy



Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-29 @ 22:41:38 (2 months ago)

News Timezone: GMT +8:00

Ranking: #3195 (out of 3356 stories this day)

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Language: English

Article Length: 546 words

Reading Time: 4 minutes read

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 621879

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News Last Updated: 1 hours ago

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Publisher ID: #25

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